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If you run a limited company, you may have come across the term ‘Director’s Loan Account’ but may not know what it means. We look at what one is, why they are important and how not to fall foul of HMRC.

The end of the tax year is still a month and a half away, so now is the time to get tax planning. We look at some of the simple things you could do to help minimise your tax liability for this tax year.